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Worcester 01605 Biotech Park Area
45 Marsh Ave
$420,000
● House - Off Market

45 Marsh Ave

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,802 Ft²
$433,209
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

This sprawling ranch conveniently located near 290 is over 1800sq ft and has a full finished walk out lower level. over 1200 sq ft that leads to a huge patio in the backyard. Bright sunny kitchen has been updated w/white countertops & cabinets. Large bay windows overlook the rear patio and private yard. Easy living all on one floor! Keep cool in the fireplaced living room & lower-level family room that have mini splits. Lower level includes full bath & large additional room with a separate entrance that could be used as a 4th bedroom/in-law or office. Additional storage located in unfinished part of the lower level. Great location, bring your clubs Green Hill Golf Course is within walking distance!
Unit Size
1,802 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$233
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72997273)

Price History

Date / Event Date Event Price
Aug 2, 2022 Sold
Premium
Sold
Jun 14, 2022 Listed by Leading Edge Real Estate $419,000
Listed by Leading Edge Real Estate
Nov 26, 2013 Sold
Premium
Sold
Jul 31, 2013 Listed by Leading Edge Real Estate $189,900
Listed by Leading Edge Real Estate
May 17, 2013 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,802
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Total Building Area: 1,802
  • Gross Building Area: 3,694
  • Building Area: 1,802
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,802
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732002

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 39-014-00191
  • Parcel: WORC M:39 B:014 L:00191
  • Block: 14
  • Lot: 191
  • Municipality: WORCESTER
  • Latitude: 42.2883
  • Longitude: -71.7772

    Address

  • Full Address: 45 Marsh Ave
  • Address - House Number: 45
  • Address - Street Name: Marsh
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C007
  • 4-Digit Zip Code: 2214
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $567,900

    Appraisal Valuation

  • Standard Deviation: 0.2367
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 451,349
  • High Value: 558,221
  • Low Value: 344,476

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $396,000
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $292,700

    Sales

  • Current Sale Contract Date: Aug 02, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 120659
  • Previous Sale Recording Date: Nov 26, 2013
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Biotech Park Area

Stats & Trends

Median Asking:

$569,900

Sale Price/ft²

$250

Below Asking

0.04%

Average Days on Market

57

Average Home Size

2497 ft²

Average Home Age

74.5 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72997273

Frequently Asked Questions

When was property at 45 Marsh Avenue built and last sold?
The property at 45 Marsh Avenue was built in 1950 and last sold on Aug 2, 2022 for $420,000.
How much is this home worth?
The estimated value of the home located at 45 Marsh Avenue is $415,333.
What are some comparable homes to 45 Marsh Avenue?
There are currently no comparable homes to 45 Marsh Avenue.
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